The DOW had another volatile sessions where it fell 150 points after the FED kept interest rates on hold then 30 minuets later rallied 250 points through the 13500 level but fell back in the last few minuets to close the session up 35 points and on the 13500 level. The S&P and NASDAQ both had similar trading day with the S&P closing up 9 points and the NASDAQ finished up 14 points. The FTSE, writes Greg, 100 gapped higher at the open and added to the move during the session to finish the day up 119 points. The FTSE, writes Greg, 250 added 236 points. With the current volatility and lack of clear market direction there are very few trading opportunities. Futures – DOW is called up 10 points, FTSE is called up 30 points. Oil is trading at $72.20 a barrel and gold at $671.
